Please help me pick a Fidelity Mutual Fund

[ADJ]

I have some money invested in microsoft, Kraft Foods and GE that has been going nowhere for several years. I would like to sell and move that into Fidelity mutual funds. Please help me decide.

 

[yakers]

Have no idea how long it will last but the Contrafund has worked well for my wife for 10 years now.

 

[MasterBlaster]

Check out the Fidelity Freedom Funds.

They are diversified across stocks and bonds. Diversified across many market cap classes and value-growth sectors. Diversified internationally. Diversified across bond maturities.

How could you go wrong with that ?

 

[wallygator69]

Hi,

Recently dumped FA and went to FIDO. Was disappointed in the freedom funds, most were only 3 Star from Moringstar. Fidelity Balanced is 5 Star. Track record good. Threw good amount of wife 401K IRA rollover at it. Low turnover, decent bond exposure...

Worth checking it out..

W

 

[Spanky]

Spartan Total Market Index Fund

 

[Mwsinron]

Yep I agree with the Spartan index fund. Specially if you dont like to mess with things.

 

[FinanceDude]

Spartan Total Market Index Fund

I thought that was closed..........

Or was it Low Priced Stock Fund? That was a tragedy to me when it closed..........

 

[Mwsinron]

I thought that was closed..........

Or was it Low Priced Stock Fund? That was a tragedy to me when it closed..........

Not that I can see. Its just a plain old SP index fund.

 

[mathjak107]

if you can buy only 1 fund id go with equity-income or balanced as a second choice

 

[LOL!]

Why limit yourself to Fidelity?

 

[tryan]

Been in Fidelity's Equity-Income fund. Been doing very well as the largest holdings are Exxon and Bank of America. On the 5 and 10 year it hits just below 10%. Here's the Quick Stats from fidelity's site:



Quick Stats
YTD Return (11/08/2006) 16.32%
30-Day Yield 2 (11/07/2006) 1.58%
NAV (11/08/2006) $59.72
52 Week Low-High $52.11-$59.72
Morningstar Category Large Value
Net Assets ($M) (10/31/2006) 29,076.35

 

[d]

four-in-one index fund is rather appealing

 

[ADJ]

You guys are just the best! Thank you so much for the advice. I now have somewhere to begin. I am always amazed with the generousity of people on the board.

 

[Sheryl]

four-in-one index fund is rather appealing

I bought that a few months ago - it's been doing nicely.

Also have contrafund, low priced stock, and way too much magellan.

 

[Corporateburnout]

I thought that was closed..........

Or was it Low Priced Stock Fund? That was a tragedy to me when it closed..........

Low Priced Stock is closed for new investors. I have a lot of it in my 401K and it has done great.

 

[Lancelot]

At least I can access Fidelity's website (from Bangkok) Vanguard has blocked Thailand (maybe all of asia) since Nov 5.

A bit off topic but if you travel much, Fidelity may be the better choice in a mutual fund company...

I'd probably invest some $ in the Spartan Index fund.

Lance

 

[d]

and way too much magellan

tempted to say that any is to much ... a fund who's times has past ... but i won't

 

[Sheryl]

tempted to say that any is to much ... a fund who's times has past ... but i won't

No, you're very correct. I'm just very lazy. Tend to leave things sitting and open more new funds instead. But now that on-line access is so easy, I have no excuse. Thanks for the butt-kick.

 

[jazz4cash]

tempted to say that any is to much ... a fund who's times has past ... but i won't

Yeah, I agree.........always thought the fund was just too big and Fidelity was "lazy/greedy" for not closing it. When I wasn't looking it fell and could not get up. Glad I never bought any.